1. Identify the challenges faced by entrepreneurs who try to “ride a wave (of technology, regulatory changes, etc.)” and entrepreneurs who try to “create a new wave.”

Entrepreneurs always keen to take the challenges and face the difficulties of market .An entrepreneurs one who have a visionary character and lead the market.
These are the following challenges faced by the entrepreneurs who try to ride a wave-
Entrepreneurs who ride the wave always face the government regulation on particular industry.
Entrepreneurs are facing the competition of market.
Entrepreneurs are facing the issue of working capital and finance.
Facing to build a brand name.
Market slowdown and market crises face by the entrepreneurs.
Entrepreneurs face the challenges of soaring price of raw materials.
Face the challenges from new entrance of firms.
These are the following challenges faced by the entrepreneurs who try to create a new wave-
Acceptance in the market.
Patent and trademarks.
Government policies.
Venture capital challenges.
Challenges in implementation of new idea.
 
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